Cooper Energy reaches final stage of Sole Gas Project field development plan
ADELAIDE, Australia -- Cooper Energy announces the Sole Gas Project has now advanced to the final stage before commitment. The finalization of the field development plan, signing of heads of agreement with APA to own and operate the Orbost Gas Plant and achievement of gas contracting targets enable the final financing process to commence with a view to project sanction in March 2017.
The Sole gas project involves the development of Sole field in the Gippsland basin, offshore Victoria to supply approximately 25 PJ of gas per annum from 2019. Cooper Energy is the 100% interest holder in Sole.
